May 25, 2023
State Support for Higher Ed Continues to Rise. Yet Public Colleges Still Face Headwinds.
While enrollment is down at the nation’s public colleges, state funding for higher ed is up — and students have been footing less of the bill for their education over the last four years. State and local support for higher ed increased nearly 5 percent in the 2022 fiscal year, according to the latest State Higher Education Finance report, published on Thursday by the State Higher Education Executive Officers Association. States allocated more money for higher education both in the form of financial aid, which increased 2 percent, and general public operations, which increased 7 percent. (The report adjusted those proportions for inflation.)